MIAMI—Regus just took down 16,702 square feet of office space at One Urban Centre, a class A mid-rise office building in Tampa, FL. One Urban Centre is located in Tampa's white hot West Shore submarket.

With office vacancy rates expected to drop this year and demand on the rise, Regus is betting on Tampa Bay with its fifth alternative workspace center slated to open this spring. The center will offer executive suite offices, meeting space, and virtual offices.

Jones Lang LaSalle vice president Deana Beer represented One Urban Centre. JLL vice president Brent Miller represented Regus.

“It is wonderful to have Regus as a tenant, as it will fulfill the needs of single and small office space users, startups and traveling executives,” said Beer. “Urban Centre is truly a city within a city.”

One Urban Centre includes a nine-story atrium, four-star hotel, private membership club, restaurants, dry cleaners, auto detailing, fitness center, state of the art conference center, and more. The property is 92% leased to tenants like American Momentum Bank, UNUM Life Insurance, Ideal Image, and MassMutual.

Located at 4830 West Kennedy Boulevard, One Urban Centre has undergone extensive renovations valued at more than $10 million to the atrium lobby, common area corridors and restrooms, elevators, roof replacement and courtyards. One Urban Centre and its twin Two Urban Centre recently received NAIOP's 2012 Best Office Building Award and BOMA of Greater Tampa Bay's 2012 Outstanding Building of the Year (TOBY) Award in the Suburban Office Park, Mid-Rise category.

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